KJS Cement’s net up 36.43 pc in FY 2021

KJS Cement (I) Limited on August 23 reported a profit of Rs 65.44 crore for the year ended March 31, 2021, a 36.43 per cent increase over Rs 47.96 crores registered for the last fiscal. The EBITDA stood at Rs 199.44 crore against Rs 188.96 crore in the corresponding period, said a press release.

The total sales and income of the company from operations rose to Rs 1,165.63 crore and it reported a cash profit of Rs 122.16 crore against Rs 96.94 crore last year, added the release.

Pawan Kumaar Ahluwalia, Vice-Chairman and Director, said, “KJS Cement has recorded strong performance across all parameters this year; despite the challenging ecosystem due to the pandemic. The company is consistently enhancing shareholder value through growth initiatives and innovative strategies. We are leveraging our ability to engineer technology to produce environment-friendly products and taking them to markets where the demand, customer preference and knowledge for such products are at a nascent stage.”